Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Robert Sumas, a director at Village Super Market Inc. (NASDAQ:VLGEA), recently sold a portion of his holdings in the company. The $526 million market cap company, which has delivered a robust 33.9% return over the past year, caught investors’ attention with this insider move. According to a filing with the Securities and Exchange Commission, Sumas sold a total of 1,000 shares of Class A Common Stock over two days.
On April 10, Sumas sold 600 shares at a weighted average price of $36.272, with the transactions occurring in a price range from $36.169 to $36.399. The following day, he sold an additional 400 shares at a weighted average price of $35.949, with trades ranging from $35.749 to $36.149. The total value of these transactions amounted to $36,142. According to InvestingPro data, the stock is trading near its 52-week high of $38.70, suggesting strong market confidence.
Following these sales, Sumas holds 92,131 shares directly. Additionally, he has indirect ownership of 504 shares through the Robert Sumas Family LLC, where he serves as a manager alongside Nicholas Sumas. The company maintains an impressive track record with 23 consecutive years of dividend payments and boasts a GREAT financial health score, trading at an attractive P/E ratio of 8.92.
In other recent news, Village Super Market has announced the declaration of quarterly cash dividends for its shareholders. The dividends are set at $0.25 per Class A common share and $0.1625 per Class B common share. Shareholders of record by April 3, 2025, will be eligible for these dividends, which are payable on April 24, 2025. The company’s decision to issue dividends underscores its ongoing commitment to providing value to its shareholders. This announcement can be seen as an indicator of Village Super Market’s financial health and stability. The company has not provided further details regarding its financial performance or future business strategies in connection with this dividend announcement. The information comes from a press release by Village Super Market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.